East Central Ministries Inc

Analysis

East Central Ministries Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Central Ministries Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $854k to $1.0m (+21%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, East Central Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Renew Org ($1.0m), Brave ($1.0m) and Trey Johnson Ministries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $60k (5.8% of expenses). Other salaries and wages came to $365k. At year end it held assets of $1.7m against liabilities of $255k, net assets of $1.5m. It reported 19 employees.